Stock market today: Trade setup for Nifty 50 and global markets, Q1 results today; Eight stocks to buy or sell on Monday

By Admin

28 Jul, 2025

As the new trading week kicks off, investors are navigating through a mix of domestic earnings, global cues, and key technical levels. With July nearing its end, markets remain cautious amid Q1 results, economic data releases, and geopolitical developments. Here's your complete trade setup for Monday, July 28, 2025.

Nifty 50 Trade Setup: Key Levels to Watch

For the Nifty 50 index, the 24,600–24,550 zone will serve as immediate support. A sustained move below 24,550 could trigger further correction toward 24,200. On the upside, a move past 25,100–25,150 is essential for any bullish breakout, as per Sudeep Shah, Vice President & Head of Technical and Derivative Research at SBI Securities.

Last week, the Nifty 50 ended at 24,837.00, down nearly 0.5%. The Bank Nifty, however, closed slightly higher at 56,528.90, with Healthcare leading sectoral gains. Meanwhile, Realty, FMCG, and IT dragged the index. Broader indices, particularly mid-cap and small-cap, faced steeper declines of 1.85% to 3.51%, indicating caution among retail investors.

Global Market Overview and Q1 Results Focus

Globally, all eyes are on the U.S. Federal Reserve’s interest rate decision and GDP data, which could significantly influence foreign institutional investment (FII) flows. Additionally, updates around Trump's August 1 tariff deadline could stir global trade sentiment.

Back home, the beginning of the new month will see a focus on major economic indicators like:

• Industrial Production (IIP)
  
  

• HSBC Manufacturing PMI
  
  

• Monthly Auto Sales
  
  

Meanwhile, the July derivatives expiry could add volatility to the market.

On the earnings front, a flurry of Q1 results from marquee names is expected to shape the market tone. Companies to watch include:

• IndusInd Bank
  
  

• Asian Paints
  
  

• NTPC
  
  

• Tata Steel
  
  

• Hindustan Unilever
  
  

• Mahindra & Mahindra
  
  

• Maruti Suzuki
  
  

• Sun Pharma
  
  

• ITC
  
  

These results will offer insights into sectoral resilience, input cost impact, and demand recovery trends.

Eight Stocks to Buy or Sell on Monday

Top analysts from major brokerages have identified these eight intraday picks for Monday’s session:

Sumeet Bagadia – Choice Broking

1. Torrent Pharmaceuticals Ltd. (TORNTPHARM)
   
   

• Buy at ₹3605 | Target: ₹3880 | Stop Loss: ₹3480
  
  

• Strong bullish momentum; broke out of a multi-month resistance zone near ₹3555.
  
  

2. Syrma SGS Technology Ltd. (SYRMA)
   
   

• Buy at ₹728.15 | Target: ₹785 | Stop Loss: ₹700
  
  

• EMA alignment and sharp breakout suggest strong upward price expansion.
  
  

Ganesh Dongre – Anand Rathi

3. National Aluminium Company Ltd. (NATIONALUM)
   
   

• Buy at ₹194 | Target: ₹205 | Stop Loss: ₹185
  
  

• Solid base at ₹185 with a bullish reversal, signaling potential upside.
  
  

4. DLF Ltd. (DLF)
   
   

• Buy at ₹826 | Target: ₹865 | Stop Loss: ₹810
  
  

• Maintains bullish momentum with strong support at ₹810.
  
  

5. Marico Ltd. (MARICO)
   
   

• Buy at ₹695 | Target: ₹735 | Stop Loss: ₹685
  
  

• Positive setup with renewed strength from support base.
  
  

Shiju Koothupalakkal – Prabhudas Lilladher

6. Shyam Metalics and Energy Ltd. (SHYAMMETALIC)
   
   

• Buy at ₹969 | Target: ₹1030 | Stop Loss: ₹950
  
  

• Breakout above resistance zone; rising RSI and strong volume support bullish view.
  
  

7. Laxmi Organic Industries Ltd. (LAXMIOARG)
   
   

• Buy at ₹205.70 | Target: ₹217 | Stop Loss: ₹200
  
  

• Breakout from triangular pattern; RSI indicates positive trend reversal.
  
  

8. Tourism Finance Corporation of India Ltd. (TOURISMFIN)
   
   

• Buy at ₹291.50 | Target: ₹310 | Stop Loss: ₹285
  
  

• Strong 4-month rally regains traction after correction; RSI and candles indicate further strength.
  
  

Conclusion

With the Nifty trading in a narrow range and the broader market under pressure, stock-specific action will dominate in the near term. The ongoing Q1 earnings, global cues, and economic data will shape market mood and could define momentum for August.

Traders should maintain strict stop-loss levels and be prepared for volatility, especially ahead of monthly expiry and major global developments. Stay stock-specific and watch support-resistance zones closely.